China expressed strong dissatisfaction over, and opposition to, the latest US chip export control measures, with officials and experts saying on Wednesday that such curbs would further disrupt the …
Tagged By beijing
Q3 data reveals China’s economic recovery gathering steam
China’s gross domestic product (GDP) expanded 4.9 percent year on year in Q3, and went up 1.3 percent over Q2. It grew 5.2 percent year on year in the first three quarters of 2023, according…
China’s Economy Gets a Boost From Beijing, but Housing Woes Persist
The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.
How China Is Remaking the Belt and Road
“The China Development Bank and the Export-Import Bank of China will each set up a RMB 350 billion financing window. An additional RMB 80 billion will be injected into the Silk Road Fund,” Xi declared…
China smartphone brand Oppo doubles down on generative AI to gain an edge in cutthroat handset market
Oppo is ‘actively investing in generative AI’, including the development of its own large language model named AndesGPT ChatGPT-like products are increasingly seen as potential game-changers in the …
China’s economy harvests prosperity in golden autumn
The 134th session of the China Import and Export Fair, also known as the Canton Fair, opened with a record exhibition area on Sunday in Guangzhou, South China’s Guangdong province. The fair covers a …
China Renaissance retrenches after influential founder’s detention
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tech-focused investment bank China Renaissance is struggling to win business from start-ups and new money from …
Sunwoda, China’s sixth-largest EV battery maker, a step closer to listing after hiring Citic Securities to prepare for IPO
Citic Securities will advise Sunwoda on its listing application under an agreement signed last Sunday, CSRC says Top players will be ‘well-received by investors’: Shanghai analyst Sunwoda, China’s …
Citi cuts Nvidia price target on U.S. chip export restrictions to China
Citi maintained its buy rating on the stock but lowered its price target on Nvidia to $575 from $630. That still implies 30.9% upside for the stock.
Xi, Putin detail ‘deepening’ relations between Beijing and Moscow
While one war continues to rage in Ukraine and another is threatening to boil over in the Middle East, Chinese President Xi Jinping held court in Beijing for visiting dignitaries, presenting his vision of “an…
US Restrictions on AI-Chips to China Won’t Raise Consumer Tech Prices
U.S. curbs on AI chip exports to China aim to hinder its tech progress without affecting domestic tech prices, amidst a larger tech cold war scenario.
Analysts say growth concerns and increased competition in China are weighing on Apple stock
A pullback in Apple stock can largely be attributed to a potential fourth-straight quarter of declining revenue expected to be reported early next month, in addition to increased competition in China, …
CORRECTED-UPDATE 3-China’s Xi warns against decoupling, lauds Belt and Road at forum
a likely reference to the Biden administration’s efforts to block export of advanced AI chips to China. A European business representative, who did not want to be named for sensitivity reasons, said …